What history says about longer-term bond yields after the first Fed hike
If the Federal Reserve hikes interest rates in an effort to slow down the rapid rise in longerterm yields, history shows it probably won’t be a success.…
ECB seeks online merchants for 2027 digital euro pilot
Euroarea online and mobile merchants can apply until Oct. 27 to test beta digital euro payments in a 12month pilot. Source:Cointelegraph
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…
AI has been a ‘net negative’ for crypto: Phemex CEO
Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater…
US charges ex-Robinhood engineers over alleged pre-listing crypto trades
The former employees allegedly earned more than $50,000 each by trading Hyperliquid perpetuals ahead of Robinhood token listings. Source:Cointelegraph
Bitcoin ETFs shed $450M in biggest outflow since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the…
XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000
The Senate's 4950 procedural vote left the crypto market structure bill 11 short of what it needed, and every major token fell. Source:CoinDesk
There were many conductors in the derailment of the crypto industry's Clarity Act
Last minute, behindthescenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on. Source:CoinDesk
These 4 stocks could benefit most from a $3.2 trillion semiconductor opportunity
A BofA analyst expects the semiconductor market to reach $3.2 trillion by the end of the decade, shrugging off fears of an AI slowdown. Source:MarketWatch
Inflation killed the penny. Now it’s coming for your dollar.
Congress congratulated itself for solving the penny problem, but what about the source of the problem — inflation? Source:MarketWatch
2 charts showing how oil is becoming the global market’s biggest wild card
Oil is increasingly calling the tune in global markets as rising energy prices make investors nervous. Source:MarketWatch
Why a Federal Reserve rate hike could be a ‘rare win’ for your retirement money
There may be better savings yields, but beware rising creditcard rates Source:MarketWatch